360 ONE WAM Ltd.
NSE: 360ONE360 ONE WAM Ltd.: A 30-second snapshot
360ONE WAM is a listed wealth management company trading at ₹1,077.5, up 19.3% over the past year and currently 1% below its 200-day moving average (₹1,085.4). FY26 results showed PAT growth of 20.7% YoY and revenue growth of 18.6% YoY, with a trailing PE of 37.7 and a forward PE of 26.5 reflecting market expectations of continued earnings expansion. The balance sheet carries a debt-to-equity of 161.98 — structurally unusual for a fee-driven wealth manager — alongside a zero FCF-positive-years record in the persistence data.
P/E
37.7
Forward P/E
26.5
ROE
+14.4%
Debt / Equity
161.98
Profit Margin
+27.2%
Div. Yield
+1.7%
5Y ROE > 15%
2/5
5Y FCF > 0
0/5
Quality
51/100
News
6 headlines · 4 positive · 0 negative
360 One Wam: PAT up 20.7% YoY to ₹1,225 crore, revenue up 18.6% YoY, interim dividend of ₹6 per share - TradingView
TradingView
360 ONE WAM Declares Interim Dividend and Confirms FY 2026 Results - TipRanks
TipRanks
360 ONE WAM clears FY26 results, declares interim dividend and reshuffles senior management - TipRanks
TipRanks
360 ONE WAM Unit Gets IFSCA Nod to Launch Retail Fund Management at GIFT City - TipRanks
TipRanks
Number of shareholders of 360 One Wam Limited – NSE:360ONE - TradingView
TradingView
Recent context
- ·360ONE reported FY26 PAT of ₹1,225 crore (up 20.7% YoY) and declared an interim dividend of ₹6 per share; senior management reshuffling was also announced alongside the results in April 2026.
- ·The company received IFSCA regulatory approval for its GIFT City unit to launch retail fund management, broadening the addressable market beyond domestic HNI/UHN wealth.
- ·As of May 2026, shareholder count data was updated on NSE; price sits at ₹1,077.5, 14.5% below the 52-week high, with nearest resistance levels at ₹1,082 and ₹1,125.
Strengths
- +Revenue and earnings growth: 5-year revenue CAGR of 26.9% and 5-year earnings CAGR of 11% indicate a business that has scaled meaningfully over the period.
- +FY26 earnings momentum: PAT up 20.7% YoY and revenue up 18.6% YoY in the most recently reported full-year results, alongside an interim dividend of ₹6 per share.
- +Regulatory expansion: IFSCA approval to launch retail fund management at GIFT City represents a new business avenue beyond the existing domestic wealth platform.
- +Dividend yield of 1.67% alongside a forward PE compression from 37.7 trailing to 26.5 forward suggests analyst estimates embed a step-up in earnings over the next 12 months.
Weaknesses
- −FCF-positive years recorded at 0 out of available fiscal years, meaning free cash generation has not been evidenced in the persistence data window — a concern given the company operates a capital-light wealth management model where positive FCF is the expected norm.
- −Debt-to-equity of 161.98 with a rising debt trend is atypical for a fee-based wealth manager; the mechanism and necessity of this leverage level is not explained by the business model alone.
- −ROE of 14.4% with only 2 years above 15% in the persistence window and a consistency score of 49/100 indicates profitability on equity has been below the level typically associated with premium-multiple financial franchises.
- −Trailing PE of 37.7 — the highest among the 6 sector comparators — alongside an RSI at 54 and price 1.4% below the 200-DMA reflects a valuation that depends on the forward earnings trajectory being realised.
Open questions
- ?Does the debt-to-equity of 161.98 reflect borrowings against AUM or client assets, and if so, how does that change the interpretation of balance-sheet leverage for a wealth management firm?
- ?Has the absence of FCF-positive years in the persistence data been driven by reinvestment decisions or by structural cash conversion challenges — and what does management guidance say about FCF trajectory?
- ?How much of the 5-year revenue CAGR of 26.9% has been driven by market appreciation of assets under management versus net new money flows, and how resilient is that growth to an extended equity market downturn?
- ?The forward PE of 26.5 versus trailing PE of 37.7 implies roughly 42% earnings growth is being priced in — what specific business drivers (GIFT City, AUM growth, fee-rate expansion) are expected to close that gap?
Peer comparison: Banking
Ranks 1 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| 360ONE | 360 ONE WAM Ltd.You're viewing | 37.7 | +14.4% | 56 |
| Industry avg | across 5 peers | 32.0 | +14.2% | 39 |
| AXISBANK | Axis Bank Ltd. | 14.8 | +13.2% | 53 |
| BAJFINANCE | Bajaj Finance Ltd. | 29.9 | +17.9% | 53 |
| HDFCBANK | HDFC Bank Ltd. | 17.2 | +13.8% | 47 |
| BAJAJFINSV | Bajaj Finserv Ltd. | 29.1 | +14.6% | 23 |
| HDFCLIFE | HDFC Life Insurance Company Ltd. | 69.1 | +11.3% | 20 |
Technical state
Current price
₹1,077.50
SMA 50
₹1,037.91
SMA 200
₹1,085.37
RSI (14)
54.4 (neutral)
From 52w high
-14.5%
1Y return
+19.3%
3M return
-4.8%
50-DMA
Above
200-DMA
Below
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highDebt-to-equity of 161.98 is extremely elevated; while leverage is structurally higher for financial-services firms, 360ONE is a wealth management business (not a bank with deposit liabilities), making this ratio materially harder to justify. The rising debt trend compounds the concern.
- highFCF-positive years recorded at 0 out of available fiscal years in the persistence data. Combined with a rising debt trend and a consistency score of 49/100, free-cash-generation has not been demonstrated across the observed history.
- mediumSector classification places 360ONE alongside banks (Axis Bank, HDFC Bank) and insurance (HDFC Life), a peer set with structurally different business models. 360ONE holds the highest PE in the group at 37.7 while ranking 3rd of 6 on ROE at 14.4%, and peer 1Y price-change data is null for all 5 comparators, making relative performance ranking unavailable.
- mediumROE of 14.4% with only 2 years above 15% in the persistence window and a consistency score of 49/100 indicates returns on equity have not reliably exceeded 15% over the measured period. Forward PE of 26.5 implies the market is pricing in meaningful earnings acceleration.
- lowNews dataset contains only 6 articles total, making the 4-positive, 2-neutral, 0-negative sentiment distribution statistically thin and not representative of broader market sentiment.
Cross-section contradictions
- Price is up 19.3% over 1 year and RSI sits at 54.4 (neutral), yet FCF-positive years recorded is 0 and consistency score is 49/100 — technical price performance is not corroborated by the earnings-quality metrics in the persistence data.
- Analyst count is 11 but the consensus rating value is null, leaving the direction of sell-side coverage unknown for this run.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 25 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 15 May 2026 · rotates through NIFTY 500 every ~5 days